Cambridge Investment Research Advisors Inc. Sells 20,968 Shares of iShares S&P 500 Growth ETF $IVW

Cambridge Investment Research Advisors Inc. lessened its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,121,790 shares of the company’s stock after selling 20,968 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $138,272,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Tennessee Valley Asset Management Partners bought a new position in iShares S&P 500 Growth ETF during the fourth quarter worth $398,000. AlphaCore Capital LLC raised its stake in iShares S&P 500 Growth ETF by 522.0% during the fourth quarter. AlphaCore Capital LLC now owns 299,535 shares of the company’s stock worth $36,921,000 after buying an additional 251,375 shares during the last quarter. Kapstone Financial Advisors LLC raised its stake in iShares S&P 500 Growth ETF by 2.3% during the fourth quarter. Kapstone Financial Advisors LLC now owns 45,327 shares of the company’s stock worth $5,587,000 after buying an additional 1,024 shares during the last quarter. IMG Wealth Management Inc. bought a new position in iShares S&P 500 Growth ETF during the fourth quarter worth $70,000. Finally, PAX Financial Group LLC raised its stake in iShares S&P 500 Growth ETF by 9.8% during the fourth quarter. PAX Financial Group LLC now owns 206,828 shares of the company’s stock worth $25,494,000 after buying an additional 18,476 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.6%

Shares of NYSEARCA IVW opened at $136.72 on Friday. iShares S&P 500 Growth ETF has a twelve month low of $100.76 and a twelve month high of $139.10. The firm has a fifty day simple moving average of $122.95 and a 200 day simple moving average of $122.72. The company has a market capitalization of $74.10 billion, a PE ratio of 33.33 and a beta of 1.17.

iShares S&P 500 Growth ETF Profile

iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.